Markets · US

Amundi Raises Strategy Stake to $291 Million Amid Share Decline

· Source: Bitcoin Magazine

Europe's largest asset manager increased its Strategy holding by 44% during the third quarter according to a 13F filing.

European asset manager Amundi increased its holdings in Strategy to approximately 1.9 million shares during the third quarter, bringing the total value of its stake to $291 million. Regulatory filing data revealed the 44% boost occurred prior to a subsequent decline in the company's share value, which dropped about 18% following the close of the quarter.

Original report: Bitcoin Magazine ↗

AI-assisted summary based on the publisher's report. Read the original for full details. Not financial advice.